Showing 1 - 10 of 27
This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...
Persistent link: https://www.econbiz.de/10008490086
uses the Schumpeterian model of innovation-diffusion as a framework for the study of "why growth rates differ" between …. Chapter 4, which focuses on the relation between innovation-diffusion, structural changes in world trade and export … material to discuss the implications of innovation-diffusion for changes in specialization patterns/intra-industry trade. The …
Persistent link: https://www.econbiz.de/10011108987
The purpose of this paper is to investigate the relationship between private R&D, public innovation support transferred … innovation support has a positive and significant effect on private R&D expenditures with an estimated elasticity of 0 ….062. Second, the indirect effect on productivity from public innovation support is reflected in a positive point estimate which is …
Persistent link: https://www.econbiz.de/10005637551
The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …
Persistent link: https://www.econbiz.de/10011259176
The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …
Persistent link: https://www.econbiz.de/10010729014
This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is modelled through non homothetic preferences. We show that in such a model, unlike mainstream quality ladders models, the steady state equilibrium is characterised by a duopoly were...
Persistent link: https://www.econbiz.de/10005837179
This manuscript reports on the proceedings of an R&D Roundtable that took place at the National Bureau of Economic Research in the summer of 1999. Zvi Griliches envisioned the Roundtable as a chance to discuss the agenda for economic research on R&D over the next 20 years. Daron Acemoglu,...
Persistent link: https://www.econbiz.de/10005141152
This paper analyzes the implication of employment protection legislation on a firm's screening process. We present a model in which human-capital-intensive firms (high-tech) with imperfect information about their workers' type attempt during a trial period to identify those incompetent workers...
Persistent link: https://www.econbiz.de/10005616679
at the firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two … different innovation regimes. On the one hand, radical innovations rely strongly on firm-level spillovers, including property … TFP growth, so that innovation height matters. Evidences show that TFP growth is better represented by an upward shift of …
Persistent link: https://www.econbiz.de/10005637541